Saturday, February 25, 2006

Ri.dic.u.lous? No way, we are just getting started

Steve Rubel just declared that the social bookmarking game is over and that Yahoo! (with del.icio.us) has won. I beg to differ!

Yes, businesses with network effects are very powerful and it is very hard to catch up with the first mover. However, businesses have only won after they have hit the "knee of the curve" and have truly experienced lift off.

Well, today del.icio.us might have huge adoption within the geek community but they are a small niche application with perhaps a few hundred thousand active users. So, we are just at the VERY early stages of a rapidly growing market. Is del.icio.us in a good position? Yes, however, they are not even close to winning yet. In fact, if you check the alexa stats, then you see anything but lift off. You see a site that is just flat, hardly the exponential curve that you would see in a network effects driven business that is really taking off. Ok, Alexa is anything but perfect but the trendline is generally correct.

We are very confident that our site, www.blinklist.com, has a very good chance of emerging as one of the leading players in this space as we continue to rapidly improve our service based on the feedback from our thriving community.

I do have to agree with Steve on one point, there are way too many social bookmarking clones out on the market and over the next year the dust will settle but BlinkList is most certainly going to be one of the players that will be around for a long time to come.

Blink It

14 Comments:

Anonymous Mario said...

Totally agree with you. I support Blinklist 100% . It is the best social bookamrking system. It is a question of time and everybody will see the light of Blinklist. Continue the excellent work

8:49 AM  
Anonymous Anonymous said...

Can you post links to the articles you discuss? It seems weird that someone behind a social bookmarking site can't post a link to a story.

11:33 AM  
Anonymous Handy said...

Well, I'll agree with Steve that it is indeed an over-crowded place to be. But really, only a half-dozen or so are even worth dealing with and I bet the rest of 'em will be gone by the end of '06.

Looking forward to still using your product in '07 ;-)

3:31 PM  
Blogger RajeshSegu said...

BlinkList for sure has impressed me the most. I agree bookmarking space is very much crowded becoz of its ease of development [atmost 5pages of navigation] but mind you everything depends on the user interface as well as the search results. Luckily BlinkList has stood out.

Saying all this, I conclude, community is what drives these bookmarking apps. So reach the audaince before they reach someone else.

9:22 AM  
Anonymous Ralph said...

I usually like, what Steve writes and he is right, saying that the market is overcrowded.

However i would not say that anyone has won any battle yet. BlinkList offers far superior features then del.icio.us and constantly improves the service and adds news features - two important things in my opinion.

Yahoo! may have a lot of money to buy companies, but it seems, that as soon as they bought something, they freeze that company's product's features.

Think of it, when where interesting features added to Flickr? People still want more flexible photo sharing settings and more blogging options. What about del.icio.us? Where are the private bookmarks?

I think, that more and more services push their general quality - and with time people will realize that there are amazing alternatives to del.icio.us and Flickr.

3:11 PM  
Blogger Felix said...

Gather all your feedbacks and you are gold . You have the idea and users will give you a clue how to make it better !

9:29 AM  
Anonymous Anonymous said...

del.icio.us is hardly friendly for the everyday user. if you discard the whole early mover advantage (and the adoption so far), it's hardly a comparison to Blinklist even now. Will Blinklist provide an Open API any time soon though? It would help enhance the application in more ways.

Venky (Azri)

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